The all-electric Cadillac Lyriq makes its debut in 2023 after great anticipation. It provides 300+ miles of emission-free driving in a low-riding, stylish design. On the opposite end of the range is the potent Escalade-V, a large body-on-frame SUV powered by a fossil fuel-burning, supercharged, 682-horsepower V8 engine. The rest of Cadillac's 2023 portfolio, which consists of sedans and crossover SUVs, is largely unchanged.
The standard Escalade and extended-length Escalade ESV have undergone a few changes. A digital owner's manual is now accessible via the sizable 38-inch OLED touchscreen, and there are three new extra-cost paint hues available: Argent Silver Metallic, Radiant Red Tintcoat, and Dark Emerald Metallic.
The Cadillac Escalade-V, the company's first performance SUV, is introduced for 2023 as if the Escalade wasn't already huge, bold, luxurious, and powerful enough. With a 10-speed automatic gearbox, all-wheel drive (AWD), and a supercharged 6.2-liter V8 engine producing 682 horsepower and 653 pound-feet of torque, Cadillac claim the new Escalade-V can go from zero to 60 mph in under 4.4 seconds.
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For 2023, the CT4 and CT4-V sport sedans remain unchanged. The sole modification is that Radiant Red Tintcoat, Argent Silver Metallic, and Midnight Steel Metallic are now available as three new premium paint colors.
The limited-edition IMSA Edition is the only way to receive the Maverick Noir Frost color on the high-performance CT4-V Blackwing, which was completely new for 2022. The trunk lid now sports a new "Blackwing" insignia.
Similar updates are made to the slightly larger CT5 sedan as to the CT4 (new premium paint colors, Blackwing trunk badge). The CT5-V Blackwing's main new feature is that rear pedestrian detection is now standard.
The XT4, Cadillac's smallest SUV model, will see minimal alterations through 2023. Lane departure warning, blind spot warning, and rear cross-traffic warning are all included on the Luxury level. Argent Silver Metallic and Radiant Red Tintcoat, two new colors, are also available.
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The 5-passenger Lyriq, Cadillac's first all-electric SUV, makes its appearance for the 2023 model year. With a low, wide stance, LED external lighting, a fixed glass roof with a power-sliding interior cover, and Cadillac's distinctive vertical taillights, the new Lyriq stands out from the competition.
The new Lyriq, which is built on GM's Ultrium electric vehicle (EV) platform, includes a 102-kWh battery pack. Both dual-motor all-wheel drive (AWD) and rear-wheel-drive (RWD) versions are available. The RWD version has an EPA-estimated range of 312 miles on a single charge and produces 340 horsepower with a single 255-kW electric motor. While the AWD version produces 500 hp with two 373 kW motors (range TBD). The Lyriq has a one-pedal drive and regenerative braking, like other modern luxury EVs.
There aren't many changes for 2023 to Cadillac's largest crossover SUV, the 3-row, 7-passenger XT6. Now standard on Premium Luxury and Sport trims, an inbuilt navigation system is similar to that of the XT5. The same two specification levels also come standard with heated outboard rear seats and ventilated front seats. Three additional paint colors are also introduced.
For the 2023 model year, the XT5 crossover experiences similar minimal revisions as the XT4. All trims receive a tiny spare tire, and there are three new exterior colors. Premium Luxury and Sports trim also add navigation to the infotainment system that is already standard.
“The information in this article comes from Cadillac, and it is always possible that it will change over time. Always check the automaker's website or your nearby dealership for the most up-to-date information on product details and availability.”
What should you know before purchasing a car?
Carweek is here to give a few useful hints.
Get Financing Pre-Approved. Applying for a loan preapproval is the best thing you can do to speed up the car-buying process. There are numerous options for doing this, whether you choose to apply in person at a regional or national bank, go through an internet lender, or go to a local bank or credit union.
Having a better understanding of the cars you can afford is the main advantage of pre-approval. Your monthly payment will depend on the types of interest rates for which you are eligible. Additionally, you will have the chance to resolve any credit concerns you may have before entering the dealership.
The dealerships will frequently offer you a higher rate than what you may actually qualify for, which is another advantage of pre-approval. In this case, even though you might be qualified for a rate of 5%, the dealership offers you a rate of 9%. Since the dealership and their finance provider split the additional interest, salespeople are compensated accordingly.
In that case, you wouldn't be aware that you're paying a greater rate than necessary because you hadn't received pre-approval. You would have the choice to reject the dealership's financing offer and continue with your original lender if your lender had preapproved your loan.
The dealership might even be open to negotiating and offering you a rate that is lower than the one your lender preapproved in some circumstances.
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